[Form 4] SiTime Corporation Insider Trading Activity
Rhea-AI Filing Summary
Sevalia Piyush B, EVP Marketing of SiTime Corporation (SITM), reported a sale of 2,703 shares of common stock on 08/20/2025 at a reported price of $221.6 per share. Following the transaction the reporting person beneficially owns 82,813 shares, which include 76,146 shares issuable under previously reported restricted stock units and performance-based restricted stock units that have not vested. The unvested units break down into 29,126 time-based RSUs and 47,020 performance-based RSUs that vest based on specified price performance conditions. The Form 4 was signed by an attorney-in-fact on 08/22/2025.
Positive
- Transparent disclosure of the sale and detailed breakdown of unvested RSUs and performance-based RSUs
- Large retained holding of 82,813 shares, primarily composed of equity awards that align executive incentives with company performance
Negative
- Disposition of 2,703 shares on 08/20/2025 at a reported price of $221.6
- Majority of beneficial ownership is unvested (76,146 shares), meaning current economic ownership is contingent on future vesting and performance conditions
Insights
TL;DR: Insider sold a small block of shares while retaining a large holding largely tied to unvested RSUs/PSUs.
The filing shows a single open-market disposition of 2,703 shares at $221.6, leaving total beneficial ownership of 82,813 shares. The majority of the reported balance (76,146 shares) consists of unvested equity awards, split between time-based and performance-based units. For valuation or ownership-change analysis, the presence of a sizable unvested award pool is important because it links future ownership to company performance metrics and vesting schedules. No additional transactions or derivative activity are reported.
TL;DR: Disclosure is routine and compliant; sale disclosed and award vesting structure is clearly summarized.
The Form 4 provides the required disclosure of a disposition and a clear explanation of outstanding unvested awards, including the split between time-based and performance-based units. The filing identifies the reporting persons role (EVP, Marketing) and includes a signature by an attorney-in-fact. There are no governance red flags or indications of unusual related-party transfers in the disclosed items.